Nortec Minerals (CVE:NVT) Shares Down 28.6% – Time to Sell?

Nortec Minerals Corp. (CVE:NVTGet Free Report) fell 28.6% on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03. 212,733 shares were traded during mid-day trading, an increase of 241% from the average session volume of 62,310 shares. The stock had previously closed at C$0.04.

Nortec Minerals Stock Performance

The stock has a market cap of C$1.33 million, a PE ratio of -2.00 and a beta of 2.60. The stock has a fifty day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.02. The company has a debt-to-equity ratio of 17.23, a quick ratio of 0.85 and a current ratio of 0.90.

Nortec Minerals Company Profile

(Get Free Report)

Nortec Minerals Corp. engages in the acquisition, exploration, and development of mineral properties. The company explores for gold, zinc, copper, lead, silver, and lithium deposits. It holds interests in the Tammela project located in southwest Finland; the Sturgeon Lake VMS property located in Ontario, Canada; and the Mattagami River zinc project located in Ontario, Canada.

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